This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $65,397 initial cash invested.
1.03%
Cash On Cash
7.54%
Cap Rate
1.14
DSCR
$2,844
Rent
$56
Cashflow
Cash Flow
$2,844 income − $2,788 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$226k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,397
Downpayment
20%
$45,140
Closing costs
1%
$2,257
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,844
Total Expenses
$2,788
Mortgage P&I
44%
$1,249
Property Taxes
17%
$493
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313